Activity on the Junior Market closed with 7 securities trading and ending with 163,012 units changing hands valued at $287,277. The JSE Junior Market Index climbed 14.51 points on top of the 13.55 points gained on Friday, to close at 704.09, with the price of 3 advancing and 2 declining.
At the close of the market, there were 3 stocks with bids higher than their last selling prices and none with a lower offer. The junior market ended with 4 securities closing with no bids to buy and there were 6 securities that had no stocks being offered for sale.
Stocks trading are, Caribbean Producers finishing with 41,000 units to close with a gain of 20 cents at $2.30. Consolidated Bakeries closed with 5,500 units and put on 8 cents at 90 cents, Lasco Distributors finished trading with 810 shares while gaining 10 cents to $1.40, Lasco Financial ended with 65,774 units trading, to end at $1.05. Lasco Manufacturing concluded transactions in 1,300 units at $1.20, Honey Bun closed with 9,486 units trading as the price slipped 10 cents to $1.90 and Jamaican Teas closed with 39,142 shares, trading lower by 9 cents, to $2.51.
Junior market up strongly again
Prices remain soft on TTSE
Trading on the Trinidad Stock Exchange ended with more stocks closing with offers higher than their last selling prices, than those with bids above, continuing to flash negative indicators for the market. At the close, 10 securities changed hands of which 3 advanced, 3 declined and 4 traded firm with a total of 190,903 units, valued at $3,425,312.
At the close of the market, the Composite Index lost 0.07 points to close at 1,150.76, the All T&T Index rose fell by just 0.15 points to close at 1,985.51 and the Cross Listed Index remained at 41.37.
Gains| Stocks increasing in price at the close are, ANSA McAL gaining 1 cent to end at $66.77, while trading 20 shares. National Flour Mills gained 7 cents to end at a new 52 weeks’ high of $1.46, with 8,090 shares changing hands and Trinidad Cement with 35,358 shares changing hands ended at $2.26 with a 1 cent gain.
Declines| The stocks declining at the end of trading are, Angostura Holdings traded 1,772 shares but lost 4 cents to end at $15.94, Clico Investment Fund traded 110,000 shares valued at $2,505,979 declined by 15 cents to end at $22.65 and Guardian Holdings lost 5 cents to close at $13.20 with 221 units trading.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Grace Kennedy, One Caribbean Media with 28,000 shares being traded for $670,600 and ended at $23.95, Scotiabank traded 1,662 shares at $62 each and Scotia Investments traded 5,000 shares at $1.45.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than their last selling prices and 7 stocks with offers that were lower.
2 new highs, 7 stocks rise 2 declined
138 Student Living, the stock closed at a new high on Friday
Main Market| The JSE Market Index lost 176.81 points to 76,539.17, the JSE All Jamaican Composite index fell/ decline 197.68 points to close at 84,292.66 and the JSE combined index gained declined 40.34 points to close at 78,413.24.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator maintains a bullish stance with 10 stocks with bids higher than their last selling prices and 3 stocks with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Carreras finishing with 129,395 shares while gaining 80 cents to close at $39.50. Recently listed, 138 Student Living ending with 2,775,000 units 30 cents higher, at a new all-time high of $4.40 and Proven Investments closed with 100,000 shares while gaining 0.04 cents 21 US cents.
Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless having 557,504 units trading at 50 cents. Caribbean Cement closed with 18,006 shares changing hands at $2.36, Desnoes & Geddes finished with 284,000 units trading to end at $4.90, Grace Kennedy finished with 4,665 units traded at $62, Jamaica Producers had 287 shares changing hands at $17. Pan Jamaican Investment ending with 1,100 units trading, to end at $52.01, Sagicor Group ending with 224,299 shares trading at $10 and Scotia Investments closed with 287 shares trading at $23.Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Supreme Ventures in trading 104,000 units and lost 15 cents in closing at $2 and National Commercial Bank closing with 27,860 shares trading lower by 10 cents to $19.90.
Preference| Jamaica Money Market Brokers 7.50% preference share traded 5,700 shares trading at $2 and Proven Investments 8% preference share traded 391,000 units traded at $5
Junior market up 2% on Friday
Junior market stocks gained on Friday spurred by strong profit performance by a number of companies. Activity on the Junior Market closed with 6 securities traded ending with 596,102 units valued at $1,102,644. The JSE Junior Market Index gained 13.55 points or 2 percent to close at 689.58, with the price of 4 advancing and none declining.
At the close of the market, there were 4 stocks with bids higher than their last selling prices, there were no stocks with offers that were lower. 
The junior market ended with 6 securities closing with no bids to buy and there were 7 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Access Financial closed with 6,920 shares trading with an increase of 24 cents to $9.20. Cargo Handlers exchanged 21,915 units, as it gained 20 cents to close at an all-time high of $16.20, Lasco Distributors finished with 5,431 shares trading, while rising 12 cents to $1.30. Lasco Financial ending with 23,226 units to close with a gain of 5 cents at $1.05, General Accident exchanged 10,696 units trading at $1.80 and Lasco Manufacturing closed with 527,914 units trading at $1.20.
J$ stable V US up on Can$ – Friday
The selling rate for the three main currencies against the Jamaican dollar was mixed on Friday, remaining unchanged against the US dollar, increasing for the Pound but falling for the Canadian dollar. Purchases of all currencies by dealers, translated to US$51,909,364 compared with the US$52,659,123, on Thursday and selling amounted the equivalent of US$44,032,835 versus US$48,382,955 sold on Thursday.
In US dollar trading, dealers bought US$46,629,667 compared to US$49,365,865 on Thursday. The buying rate for the US dollar fell 3 cents to $115.53 and US$41,752,070 was sold versus US$44,040,735 on Thursday, with the selling rate remaining at $115.81. The Canadian dollar buying rate climbed 62 cents to $91.12 with dealers buying C$1,769,973, and selling C$839,442, at an average rate that dropped $1.67, to $91.88. The rate for buying the British Pound rose 55 cents to $172.65 for the purchase of £2,509,615, while £767,609 was sold, at an average rate of $174.84, after rising by 23 cents. At the end of trading it took J$131.31 to purchase the Euro, 1 cent lower than on Thursday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.06 for an increase of 39 cents from Thursday. Other currencies bought, amounted to the equivalent of US$133,367 while the equivalent of US$455,994, was sold.
Highs & Lows| The highest buying rate for the US dollar, shed 5 cents to $115.90 and lowest buying rate gained $5.21 to $94.36 while the highest selling rate was unchanged at $120.91. The lowest selling rate was up 10 cents to $113.10. The highest buying rate for the Canadian dollar fell $2.95 to $94, the lowest buying rate inched down 54 cents to $72.96. The highest selling rate fell $3.02 to $95.90 and the lowest selling rate dropped 60 cents to $88.40. The highest buying rate for the British Pound, dipped 40 cents to $175. The lowest buying rate eased 54 cent to $140.06, the highest selling rate gained $1.23 to $180.56 and the lowest selling rate rose $1.30 to $170.
J$ down on US & pound up on Canadian – Thursday
The selling rate for the Jamaican dollar increased on Thursday against the Pound and the US dollar but improved against the Canadian dollar. Purchases of all currencies by dealers, translated to US$52,659,123 compared with the US$32,242,695, on Wednesday and selling amounted the equivalent of US$48,382,955 versus US$31,020,751 sold on Wednesday.
In US dollar trading, dealers bought US$49,365,865 compared to US$27,070,796 on Wednesday. The buying rate for the US dollar rose 38 cents to $115.56 and US$44,040,735 was sold versus US$28,365,728 on Wednesday, with the selling rate climbing 2 cents to $115.81. The Canadian dollar buying rate fell 61 cents to $90.50 with dealers buying C$1,116,802, and selling C$3,636,641, at an average rate that rose 36 cents, to $93.55. The rate for buying the British Pound dropped $1.18 to $172.10 for the purchase of £955,128, while £387,733 was sold, the rate fell 80 cents to $174.61. At the end of trading it took J$131.32 to purchase the Euro, 67 cents lower than on Wednesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.67 for a decline of $1.04 from Wednesday. Other currencies bought, amounted to the equivalent of US$996,171 while the equivalent of US$820,125, was sold.
Highs & Lows| The highest buying and the highest selling rates for the US dollar, were unchanged at $115.95 and $120.91 respectively. The lowest buying rate dropped $5.21 to $89.15 while the lowest selling rate leapt $20.75 to $113. The highest buying rate for the Canadian dollar jumped $3.65 to $96.95, the lowest buying rate inched up 9 cents to $73.50. The highest selling rate rose $3.92 to $98.92 and the lowest selling rate dropped $1.30 to $89. The highest buying rate for the British Pound, dipped $1.60 to $175.40. The lowest buying rate rose $1.49 to $140.60, the highest selling rate fell 39 cents to $179.33 and the lowest selling rate dived $2.90 to $168.70.
No stock fell on TTSE
Trading on the Trinidad Stock Exchange ended with 15 securities changing hands of which 3 advanced, none declined and 12 traded firm with a total of 444,178 units, valued at $7,464,120.
At the close of the market, the Composite Index rose 0.83 points to close at 1,150.83, the All T&T Index gained 1.67 points to close at 1,985.66 and the Cross Listed Index remained at 41.37.
Gains| Stocks increasing in price at the close are, ANSA Mcal 4,916 $66.76 with a 1 cent gain, National Flour Mills contributed 20,860 shares to close at $1.39 with an increase of 4 cents, West Indian Tobacco gained 89 cents to end at $123, after trading 600 shares, for a new 52 weeks’ high.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Angostura Holdings ending trading with 156 units at $1.98, Ansa Merchant Bank trading 1,000 shares to close at $38.90. Clico Investment Fund traded 175,000 shares valued at $3,989,580 to end at $22.80, First Citizens Bank with 64,800 shares being traded valued at $2,332,830, ended at $36, Guardian Holdings added 19,679 shares valued at $260,747 to close $13.25, Jamaica Money Market Brokers closed with 6,582 shares traded at 40 cents. National Commercial Bank traded 7,014 units to close at $1.16, Massy Holdings traded 1,043 shares at $67.50, Scotiabank traded 35 units at $62 and Trinidad Cement with 139,378 shares changing hands for a value of $313,601 closed at $2.25.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than their last selling prices and 6 stocks with offers that were lower.
More stocks fall than rise on JSE
Thursday’s activity on the Jamaica Stock Exchange, resulted in the prices of 7 stocks rising, 10 declining as 26 securities changed hands, ending in 7,488,109 units trading, valued at $56,492,650, in all market segments. This marks the 6th day out of the last seven trading days that declining stocks over powered advancing ones.
Main Market| The JSE Market Index lost 561.70 points to 76,715.98, the JSE All Jamaican Composite index fell 628 points to close at 84,490.34 and the JSE combined index declined by 603.28 points to close at 78,453.58.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator continues to reflect a bullish tone with 11 stocks having bids higher than their last selling prices and 4 stocks with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Berger Paints ending with 304,683 shares while gaining 1 cent to $1.56, Cable & Wireless in trading 180,243 units, closed with a gain of 2 cents at 50 cents. Carreras closed with 30,173 shares trading, rising 10 cents to $38.70, National Commercial Bank had 1,225,960 units changing hands and put on 10 cent to $20 and Scotia Investments closed with 400 shares to end with an increase of 49 cents at $23.
Firm| The stocks in the main market to close without a change in the last traded prices are, Ciboney ending with 103,600 shares changing hands at 7 cents, Gleaner finishing with 41,928 shares trading at 81 cents, Mayberry Investments in trading 5,980 units closed at $1.98 and Supreme Ventures closed with 1,856 shares trading at $2.15 units.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Caribbean Cement trading 25,445 units with the price slipping 1 cent to $2.36, Grace Kennedy with 46,589 shares trading, fell 40 cents at $62, Jamaica Broilers had 18,920 shares changing hands to close 1 cent lower to $4, Pan Jamaican Investment closed with 400 units to end down by $3.49 to $52.01. Proven Investments ended with 621,276 units with the price falling 0.4 cents 20.6 US cents, Sagicor Group finished with 233,229 shares and fell 12 cents to $10, Scotia Group had 155,896 units trading as the price slipped 5 cents to $20.05 and Seprod closed with 14,000 shares trading lower by 20 cents to $11.90.
Preference| Jamaica Money Market Brokers 7.50% preference share traded 1,133,000 units trading to end at $2.
1 rose 5 fell as TTSE weakens
Trading on the Trinidad Stock Exchange ended with 11 securities changing hands of which one advanced, 5 declined and 5 traded firm with a total of 49,273 units, valued at $557,750.
At the close of the market, the Composite Index lost 0.45 points to close at 1,150.00, the All T&T Index fell by 0.91 points to close at 1,983.99 and the Cross Listed Index remained at 41.37.
Gains| National Flour Mills with 16,479 shares changing hands closed 9 cent higher at $1.35 and is the sole stock gaining on Thursday.
Declines| The stocks declining at the end of trading are, Angostura Holdings trading 413 shares for a 2 cents fall, to close at $1.98. Guardian Holdings contributed 9,427 shares with a value of $124,928, to close 1 cent down, at $13.25, the price of Guardian Media shares declined by 1 cent to close at $19.75, with just 100 shares changing hands. Massy Holdings suffered a loss of 47 cents to close at $67.50 with 300 units and Republic Bank traded only 16 shares to close with a loss of 1 of cent at $118.74.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, ANSA Mcal contributing 762 shares to end at $66.75, Ansa Merchant Bank closing unchanged at $38.90, while just 73 units changed hands. First Citizens Bank added 6,241 shares valued at $224,716 to close at $36.01, One Caribbean Media closed with 3,086 shares trading to close at $23.95 and Trinidad Cement closed at $2.25 while 12,376 shares traded.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator remained negative with only 2 stocks with the bid higher than their last selling prices and 6 stocks with offers that were lower.
2 stocks rose 2 fell on junior market
Activity on the Junior Market closed with 8 securities traded, ending with 3,330,531 units valued at $4,414,484 changing hands. The JSE Junior Market Index declined 8.05 points to close at 676.03, with the price of 2 advancing and 2 declining.
At the close of the market, there were 6 stocks with bids higher than their last selling prices and 2 stocks with offers that were lower. The junior market ended with 6 securities closing with no bids to buy and there were 6 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Honey Bun, ending with 16,000 shares, climbed 5 cents to $2, Lasco Manufacturing in concluding transactions in 22,160 units trading, the price gained 2 cents to $1.20. Derrimon Trading closing with 217,196 units trading as the price slipped 5 cents to $2.05, Lasco Distributors closing with 267,000 shares trading lower by 12 cents at $1.18, Caribbean Cream closed with 2,760,000 shares changing hands at 75 cents, Caribbean Flavours ended trading, with 44,000 units at $2.20, Jamaican Teas debenture ended with 14,000 units trading at $100 and Knutsford Express finished with 4,175 units with the price falling $5.80.
